984 Magnus Avenue

Burrows Central, Winnipeg

Property score

64.3

Fair

Overall 64.3 · Larger and newer than most nearby homes

1,080 sqft (top 27%) · Built in 2005 (71 yrs newer than avg)

Located in a above-average income area with median household income of ~77k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 3 parks, and 1 fuel station nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Above average

71 yrs newer than neighborhood avg.

Mother tongue

English · 44%Tagalog · 35%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

64.3 is composed by the two sections below.

Property Score

59.7Fair
Living Area1,080 sqft52Fair
Year Built200587Excellent
Lot Size4,883 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

71.2Good
Household Income75Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health52Fair

Neighbourhood Sales

Burrows Central

How to read: Share of sales in each ~$50k price band for “burrows central” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110169

Community deep dive

$77K

Median household income

$80K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)826
Labour force participation rate63%
Median age36.4
Avg household size2.9
Unemployment rate17%
Population density5900 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children30%
Median household income (2020)$77K

Housing

Renter households36%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority62%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 34%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,080 sqft
0255075100
Same streetTop 32%Same areaTop 27%CitywideBottom 37%
Same street · Magnus Avenue
#194 / 608
Top 32% · Avg 1,017 sqft
Same area · Burrows Central
#491 / 1,800
Top 27% · Avg 962 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
249k
0255075100
Same streetTop 14%Same areaTop 14%CitywideBottom 17%
Same street · Magnus Avenue
#85 / 608
Top 14% · Avg 178k
Same area · Burrows Central
#244 / 1,800
Top 14% · Avg 188.7k
Citywide · Winnipeg
#161,585 / 194,458
Bottom 17% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 8%Same areaTop 5%CitywideTop 15%

Lot Size

above average
4,883 sqft
0255075100
Same streetTop 9%Same areaTop 11%CitywideBottom 41%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

984 Magnus Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 428 m), 1 healthcare (nearest 399 m), 3 parks (nearest 324 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks3
Fuel Stations1
Worship1

Crime & Safety

Burrows Central · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

46%

Sales History

Sold 10/2016CA$200k–250k
Sold price

Same street

Top 17%

Same area

Top 28%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 984 Magnus Avenue, Winnipeg

Property Overview: 984 Magnus Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home at 984 Magnus Avenue in Burrows Central presents a compelling mix of space, modernity, and value within its local context. Built in 2005, it is a notably newer construction compared to most homes on its street and in the wider neighbourhood, offering modern building standards without the need for immediate major updates. The property sits on a generous 4,883 sqft lot, which is well above average for the area, providing significant outdoor space and potential.

Its primary appeal lies in this combination of a newer structure on a large lot—a relatively rare find in this part of Winnipeg. With 1,080 sqft of living space, the home offers comfortable room for a small family or first-time buyers. The data suggests it is a strong performer within its immediate community, ranking above average for land size, year built, and assessed value when compared to nearby peers. The home features a basement (not renovated) and does not include a garage or pool.

This property would suit practical buyers looking for a solid, low-maintenance foundation in a mature neighbourhood. It’s ideal for those who prioritize private outdoor space over high-end finishes, and for owners who see potential in the large yard and unfinished basement for future projects. It represents a value-oriented entry into homeownership with the benefits of a more recent build.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is primarily a reflection of the local market in Burrows Central. While the value ranks above average for the street and neighbourhood, Winnipeg-wide averages are lifted by higher-value districts. This indicates the home is priced accessibly within its community.

2. What does the "unrenovated basement" typically mean?
This generally indicates a foundational, usable space that is finished to a basic standard (likely concrete floors and walls, open ceiling). It’s a blank canvas for storage, a laundry area, or future renovation, but not a developed living area.

3. How does the 2005 build year affect insurance or maintenance?
A 2005 construction is a significant advantage. It means modern electrical wiring, plumbing, insulation, and building codes, which can lead to lower maintenance costs and potentially more favourable home insurance premiums compared to century-old homes nearby.

4. Is the lack of a garage a major drawback?
This depends on buyer needs. Many homes in the area lack garages. The large lot does offer space for potential future construction of a garage or shed, subject to local bylaws and permits. On-street parking is typical.

5. The sale history shows a sale in 2016. What does that indicate?
A sale eight years ago suggests a period of stable ownership. For a home of this age, it doesn’t indicate frequent flipping and may point to a property that has been lived in and maintained by a long-term resident.

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